Monday, 12 January 2015

Prime Minister David Cameron has urged voters in the forthcoming general election not to pass on a "legacy of debt" to their children.

In a speech launching the first of six themes for the Conservative manifesto, he set out plans to reintroduce the housing policies that were in place during most of the 20th century. He said that these would have the overall effect of reducing the average house price by up to £100,000, with a corresponding reduction in the burden of mortgage debt on hard-working families who want to "do the right thing and get on the property ladder".

This was "fair and sensible" and would not result in "the world falling in". There was an immediate backlash from grassroots Tory voters, who said that the proposals are "extreme and ideological".